HomeMy WebLinkAbout1995-15 Approve Supp. BudgetaESOt,trnON NO.
A RESOLUTION APPROVING A SUPPLEMENTAL BUDGET FOR THE
1994-95 BUDGET
THE CITY OF ASHLAND RESOLVES AS FOLLOWS:
SECTION 1.
Due to the circumstances stated below, the Mayor and City Council of the City of Ash]and
determine that it is necessary to adopt a supplemental budget as follows:
AIRPORT
To Materials - Utilities
Materials and Services - Maintenance
Capital Outlay- Buildings
Total
$ 2,800
2,200
6.509
11,500
From
Contingency 5,000
Other Financing Resources 6.500
Total 11,500
The airport has experienced higher than expected ~ and utilities costs this year. The higher
utility costs result from the new method for charging storm drains. The capital ou~ay appropriation
allows for the closing of a T-Hanger by a tenant as approved by the Airport Commission and
Council.
DEBT SERVICE FUND
To Interest 17,500
Principal 47.500
Total 65,000
From Transfers In from Capital Improvement
The notes on the open space acquisition prograln were under estimated.
HOSPITAL FUND
To Debt Service Principal
Debt Service Interest
Total
7.000
10,000
From Contingency $ 10,000
The original budget does not have a category for debt service within the Hospital Budget. This
change allows for the payments on the land purchase which will be settled within the next month.
GOLF COURSE FUND
To
Materials & Services
Contract Services
Merchandise and Food
Capital Outlay
Equipment
Buildings
Improvements Other than Buildings
Total
13,750
41,200
77,400
25,000
31.830
189,180
From
Personnel - Regular Salaries
Contingency
Debt Service
Transfer from CIP
Misce!l~neous
Other Financing resources
Total
47,710
15,000
16,000
17,000
48,470
45.000
$189,180
The Golf Course Fund is new this year. The Parks Commission chose to contract for the Pro,
therefore, the appropriation is moved from nlaries to contract services. Other items necessitating
changes are: operating the restaurant; reconstxucting a green due to improvements to Highway 66;
and purchasing golf carts.
This resolution was read by title only in accordance with Ashland Municipal Code §2.04.090 duly
PA~ADOPTED this/~, day of /~, ,1995.
Barbara Christensen, City Recorder
/7 day of ,1995.
SIGNED and APPROVED this ~~ol~n,~
Paul Nolte, City Attorney
o:Mimwp\buai~t\tou2
2
c. emorandam
May 11, 1995
Mayor and City Council
Jill Turner, Director of Finance
Budget Transfers
RoCnmn'wnd~ons Staff recommends the approval of the attached resolution amending the 1994-95 Budget.
Budget. Each change is explained after the numbers.